Leicester City were charged by the Premier League on Thursday night for an alleged breach of financial rules
Leicester City have released a second statement to confirm they have initiated legal proceedings against both the Premier League and the EFL. The Foxes were charged by the Premier League on Thursday afternoon for an alleged breach of the competition's Profit and Sustainability rules during their time in the top flight and they have now been placed under a transfer embargo by the EFL as well.
will be seeking that each of these proceedings is determined by an appropriate and fully independent legal panel. 'The Club is committed to ensure that any charges against it are properly and proportionately determined, in accordance with the applicable rules, by the right bodies, and at the right time. 'While
will therefore not be able to comment further about them at this stage. 'We reaffirm the Club’s position that we will continue to fight for the right of Leicester City and all clubs to pursue their ambitions, particularly where these have been reasonably and fairly established through sustained sporting achievement.
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